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if you're a republican and deficits with minorities and women, you need those white seniors to show up in large numbers for you. maybe they won't really understand that they fit into this category. there is a fair number of people who think this other people who are drawing on government subsidy in one way or another. but that vision part of this debate is going to be interesting because mitt romney has set himself up for some pretty difficult territory. are people on social security the kinds of voters that you are talking about, mr. romney, in this debate tonight, when you say government is paying too big a role in people's lives. that's a tricky one for him to walk out of. >> are the elderly moochers? he's going to have to answer that question. >> service members on disability? i mean same thing. >> coming on the heels of the romney campaign trying to use joe biden's biden-esque turn of phrase the middle class has been buried and you know, biden has walked that back, you know, is it an indictment of the president? look if you're going to fight for the ground on the middle class i do
if you're a republican and deficits with minorities and women, you need those white seniors to show up in large numbers for you. maybe they won't really understand that they fit into this category. there is a fair number of people who think this other people who are drawing on government subsidy in one way or another. but that vision part of this debate is going to be interesting because mitt romney has set himself up for some pretty difficult territory. are people on social security the kinds...
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Oct 2, 2012
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so, you know, i'm hearing a lot about the successes, in some respects i'm hearing about the deficits, but i think it might be useful to sort of reverse the roles a little bit. so where do you see the greatest deficits in terms of what congress needs to do to be more open and transparent? what's the next big thing or the next two big things that they need to do only out of fairness so they can be ready, i'm going to ask similarly, i mean, you can identify deficits if you so desire, but it'd be helpful to identify where in the last two or four years have you seen the greatest positive change as well? so i'll start with -- >> sure. you know, i'm actually going to key off of some to have stuff that, some of the work jim's done over the years. um, you know, what we, what we're doing well right now is we're providing sort of common documents and fairly common, easy-to-produce formats. and we're doing that better than average, better than we have in years past. what we're not doing very well is sort of providing some of this metadata that would be useful to folks like jim or you all or folks
so, you know, i'm hearing a lot about the successes, in some respects i'm hearing about the deficits, but i think it might be useful to sort of reverse the roles a little bit. so where do you see the greatest deficits in terms of what congress needs to do to be more open and transparent? what's the next big thing or the next two big things that they need to do only out of fairness so they can be ready, i'm going to ask similarly, i mean, you can identify deficits if you so desire, but it'd be...
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hear they talk about what they really do with the debt of $16, and -- debt of $16 trillion, and the deficit will be $1.2 trillion when the time is up and what they do to address that. my hunch is there will be some very creative ducking. in fact, it may look like fred on steroids tap dancing across the stage and the tap dancing here. neil: but do you think it's in mitt's interest to paneled the debt and remind people even though it could cast on both parties that he's the guy to address it, and here's the ideas. is a debate the place to do it? >> i don't know. he's got to be himself. there is self to him. i met him when i was in harvard. i picked the locks there, but the taught there, and i enjoyed him. he can govern. he governedded massachusetts, a state was ungovernable with a democratic legislature. he'll go back to that if he gets in and begin to do it. i hope he comes across without looking like the handlers were at him out all. neil: what do you think of how he's run the campaign? >> handlers got to him. when you run, and you got a staff like that, and they say don't do this, and, of
hear they talk about what they really do with the debt of $16, and -- debt of $16 trillion, and the deficit will be $1.2 trillion when the time is up and what they do to address that. my hunch is there will be some very creative ducking. in fact, it may look like fred on steroids tap dancing across the stage and the tap dancing here. neil: but do you think it's in mitt's interest to paneled the debt and remind people even though it could cast on both parties that he's the guy to address it, and...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? megyn: a fox news alert. new fallout after governor mitt romney criticizes the president in a major foreign policy speech today. delivering a tough speech on america's role on the global stage. i'm megyn kelly. even before this speech today at thev military institute the obama campaign had been hammering governor romney as an unqualified mess on foreign policy. but from the minute he took the stage he attempted to tackle a variety of issues and made clear his vision on the global foreign policy. >> our embassies why been attacked, our flag have been burned. these mobs hoisted the black banner of islamic extremism over the embassies on 9/11. as the dust settles and the murdered are buried americans have asked how this happened, how the threats we face have grown worse and what this calls america to do. these are the right questions and i have come here today to offer a perspective on these recent tragic even
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? megyn: a fox news alert. new fallout after governor mitt romney criticizes the president in a major foreign policy speech today. delivering a tough speech on america's role on the global stage. i'm megyn kelly. even before this speech today at thev military institute the obama campaign had been hammering governor...
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Oct 5, 2012
10/12
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deficits will magically disappear. we'll live happily ever after. even though he's been proposing this plan for months now, he's running into a little trouble explaining how it would work without blowing up the deficit or making it work for middle class families. the other night, he ruled out asking millionaires and billionaires to pay a dime more in taxes. he said no way he was going to close loopholes that are given big oil companies billions of dollars each year in corporate welfare. ending tax breaks for corporations that are shipping jobs overseas and profits overseas, he said he never heard of such a thing, never heard of it. who knew, he said. he acted shocked. said he needs a new accountant. his current accountant is doing just fine. >> president obama, already on the attack here, what are we a month and a day until the november 6th election, speaking in a rainy cleveland state university, talking about his opponent, mitt romney, accusing him of tap dancing, tap dancing a ltle bit, mentioned what we heard, mitt romney mentioned the other nig
deficits will magically disappear. we'll live happily ever after. even though he's been proposing this plan for months now, he's running into a little trouble explaining how it would work without blowing up the deficit or making it work for middle class families. the other night, he ruled out asking millionaires and billionaires to pay a dime more in taxes. he said no way he was going to close loopholes that are given big oil companies billions of dollars each year in corporate welfare. ending...
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trillion dollar deficits for years now. what about those questions in. >> we are overcoming what was the worst recession since the great depression. we've mid a lot of progress. we are losing 800,000 jobs a month and obviously we've created more than 5 million jobs, but better off isn't good enough. we need to do more than that, we need to restore economic security for the middle class, that's why the president is invested in areas like education where we're double funding for college scholarships. we are on track to double renewable energy productions so we are creating the jobs of the future right here in america. he'll talk about both the progress we've made and layout a road map to create good-paying sustainable jobs to the middle class. bill: we are looking forward tonight. thank you for coming back here, ben. ben labolt from the obama team. good luck to you later tonight. andrea saul from the romney team, press secretary for mitt romney. good morning to you. i know you're looking forward to you tonight as well. >> goo
trillion dollar deficits for years now. what about those questions in. >> we are overcoming what was the worst recession since the great depression. we've mid a lot of progress. we are losing 800,000 jobs a month and obviously we've created more than 5 million jobs, but better off isn't good enough. we need to do more than that, we need to restore economic security for the middle class, that's why the president is invested in areas like education where we're double funding for college...
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let's assume they're true, let's say you can't do everything he wants to do without increasing the deficit and without increasing taxes on the middle class. what i think we will see is because i don't think there's a good answer to this conundrum he's in mathematically, he will kind of confuse the issue. he will talk in specifics that don't necessarily make sense. so as a political strategy, you want to sound specific and say, here, i'm talking about some detailed numbers, and people say that sounds like a pretty detailed plan, he's thought it through. martin, based on what i heard there, there's not an answer to the mathematical possibility of his plan working. the last thing i think he will do is just attack the study, attack the president's premise. >> of course. >> there's no fact checker on stage. you say that study has all kinds of problems. i think it's a pretty good study but i think that's how he will get out of it. >> dana, isn't there is problem that mr. romney's economic adviser has already suggested that if he cannot make the 20% tax cut payable by using deductions, well, then
let's assume they're true, let's say you can't do everything he wants to do without increasing the deficit and without increasing taxes on the middle class. what i think we will see is because i don't think there's a good answer to this conundrum he's in mathematically, he will kind of confuse the issue. he will talk in specifics that don't necessarily make sense. so as a political strategy, you want to sound specific and say, here, i'm talking about some detailed numbers, and people say that...
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we face this deficit that could crush future generations. there are developments a round the world that are of real concern. republicans and democrats both loved america, but we need to have leadership in washington that will bring people together and get the job done and could not care less if it is a republican or democrat. i have done it before, and i will do it again. >> i think gov. romney will have a busy first day because he is going to repeal obamacare which will not be popular among democrats if you are sitting down with them. my philosophy has been, i will take ideas from anybody as long as they are advancing the cause of making middle-class families stronger and giving ladders of opportunity. that is how we cut off -- that is how we cut taxes for the middle-class. that is how we cut spending that was not advancing the cause. that is how we signed a free- trade agreements into law. that is how we repealed don't ask don't tell.l that is how we ended the war in iraq, and that is how we will wind down the war in afghanistan. that is h
we face this deficit that could crush future generations. there are developments a round the world that are of real concern. republicans and democrats both loved america, but we need to have leadership in washington that will bring people together and get the job done and could not care less if it is a republican or democrat. i have done it before, and i will do it again. >> i think gov. romney will have a busy first day because he is going to repeal obamacare which will not be popular...
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he said he would cut the deficit in half. we still have trillion dollar deficits. if you are reelected, we will get to a trillion dollar debt. you have said he will cut the deficit in half. you find $4 trillion in cuts. we still show trillion dollar deficit a year. that does not get the job done. why is it that i do not want to raise taxes? i do not want to raise taxes on people. in 2010, he said he would extend the tax policies we have now and not raise taxes because when the economy is going so like this, you should not raise taxes on anyone. the economy is still going slow. it is growing more slowly now than when he made that statement. if he believed the same thing -- the reality is it is not as wealthy people. it is not just donald trump you are taxing. it is the people that employ 1 quart of the workers that are taxed as individuals. you raise taxes and kill jobs. that is why the national federation of independent businesses said your plan will kill 7000 jobs. >> but stay on the tax system for a moment. the deficit there has to be revenue in addition to cuts.
he said he would cut the deficit in half. we still have trillion dollar deficits. if you are reelected, we will get to a trillion dollar debt. you have said he will cut the deficit in half. you find $4 trillion in cuts. we still show trillion dollar deficit a year. that does not get the job done. why is it that i do not want to raise taxes? i do not want to raise taxes on people. in 2010, he said he would extend the tax policies we have now and not raise taxes because when the economy is going...
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deficit now. we are seeing some tight thing in the race the totality of the entire poll, whether it is that 47% comment or what people have actually seen and heard about mitt romney the past two weeks was a pretty negative outlook. >> as i understand it and you've noted i believe in first read today this new romney ad, i want to play tax direct answer perhaps to those people in the public concerned about that comment. let me play it. >> more americans live in poverty than when president obama took office. we should measure our compassion by how many of our fellow americans are able to get good-paying jobs, not by how many are on welfare. >> so, how does that answer the statement he made at that fund-raiser? >> tamron, it is an attempt. in fact, his second tv ad we have seen, an earlier one was a minute tv ad this is a short 3er 0-second one, trying to do everything they can to try to repair the damage. you have played it obama ad flag battleground states across the country where they are hitting a
deficit now. we are seeing some tight thing in the race the totality of the entire poll, whether it is that 47% comment or what people have actually seen and heard about mitt romney the past two weeks was a pretty negative outlook. >> as i understand it and you've noted i believe in first read today this new romney ad, i want to play tax direct answer perhaps to those people in the public concerned about that comment. let me play it. >> more americans live in poverty than when...
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that's the big driver of our deficits right now. my grandmother, some of you know, helped to raise me, and my grandparent did. my grandfather died a while back. my grandmother died three days before i was elected president. she was fiercely independent. only with a high school education, started as a secretary and ended up being vice president of a local bank. she ended up living alone by choice, and the reason she could be independent was because of social security and medicare. she had worked all her life, put in this money, and understood that there was a basic guarantee under which she could not go. that's the perspective i bring when i talk about what's called entitlements. the name implies some sort of dependency on the part of folk. these are folks that have worked hard, like my grandmother and millions are counting on this. my approach is to say how do we strengthen the system over the long term? in medicare, what we did, we id we are going to have to bring down the costs if we are going to deal with long-term deficits. to d
that's the big driver of our deficits right now. my grandmother, some of you know, helped to raise me, and my grandparent did. my grandfather died a while back. my grandmother died three days before i was elected president. she was fiercely independent. only with a high school education, started as a secretary and ended up being vice president of a local bank. she ended up living alone by choice, and the reason she could be independent was because of social security and medicare. she had worked...
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>> i want to get your reaction to the new finding that shows mitt romney leads on dealing with the deficit, the economy, while the president leads on a host of issues while looking out for the middle class. do you think joe biden's remarks about the middle class being buried will make the president's job harder tonight? >> the middle class has really suffered as a result of this economic downturn and frankly, president obama knows that. and he has been working to enact policies that will help the middle class. mitt romney's recent remarks about the 47%, he doesn't represent them. they're not going to vote for him. those are the people who have been hurt by this economy and they're the people frankly that president obama and the democrats in congress have been trying to work to help as we begin to come out of this recession. certainly tax cuts for the top 1% of americans are not going to help middle class voters. >> one thing i want to get your take on, looking specifically at your own state, colorado, our latest poll showing president obama with a five-point lead over mitt romney. 5 50-45%
>> i want to get your reaction to the new finding that shows mitt romney leads on dealing with the deficit, the economy, while the president leads on a host of issues while looking out for the middle class. do you think joe biden's remarks about the middle class being buried will make the president's job harder tonight? >> the middle class has really suffered as a result of this economic downturn and frankly, president obama knows that. and he has been working to enact policies that...
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no tax cut that adds to the deficit. but i do want to reduce the burden being paid by middle income americans, and to do that, that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. >> mr. president. >> obama: let's talk about taxes, because i think it's instructive. now four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600 and the reason is because i believe that we do best when the middle class is doing well and by giving them those tax cuts they had a little more money in their pocket, so maybe they can buy a new car, they are certainly in a better position to weather the extraordinary recession we were in to. they are spending more money. businesses have more customers, make more profits, and hire more workers. now governor romney's proposal calls for a $5 trillion tax cut on top of $2 trillion of additional spending
no tax cut that adds to the deficit. but i do want to reduce the burden being paid by middle income americans, and to do that, that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. >> mr. president. >> obama: let's talk about taxes, because i think it's instructive. now four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes...
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you said you would cut the deficit in half. and we'll have a trillion dollar deficit each of the next four years. if you are re-elected we'll get to a trillion dollar deficit. you said before you would cut it in half. i love this idea of $4 trillion in cuts. you've found $4 trillion to get closer to a balanced budget, yet we still have trillion dollar deficits every year. let me come back -- why don't i want to raise taxes? why don't i want to raise taxes on people? and actually you said it. back in 2010, you said, look, i'm going to extend the tax policies we have. i won't raise taxes on anyone. when we're in a recession, you shouldn't raise taxed on anyone. the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made the statement. if you believe the same thing, you don't want to raise taxes on people. and the reality is, it's not just wealthy people, not just donald trump are you taxing. it's all the businesses that employ one quarter of the workers in america, that are taxes a
you said you would cut the deficit in half. and we'll have a trillion dollar deficit each of the next four years. if you are re-elected we'll get to a trillion dollar deficit. you said before you would cut it in half. i love this idea of $4 trillion in cuts. you've found $4 trillion to get closer to a balanced budget, yet we still have trillion dollar deficits every year. let me come back -- why don't i want to raise taxes? why don't i want to raise taxes on people? and actually you said it....
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just last hour the european team rallied from a major deficit to retain golf's prestigious ryder cup. cnn is live in medinah, illinois. shane, the u.s. team had a big lead going into the final day. what was the turning point for the europeans? >> reporter: i think that, deb, to be honest with you they were instilled with a faith, a belief, and the happy by their captain. he was a long time partner of seve. he was impressed on them his never say die attitude. he truly was a tat lis mattic figure in so many ryder cups. the americans led 10-6 and the europeans had never staged a comeback like this before in the history of the competition. there was a belief they could do it and they went out and won the first five matches. that whole belief filtered through to the rest of the team. it was a stunning success. the winning putt effectively coming on the 18th green by martin kaymer. he holed out for this crucial pair against stref stricker. it meant the europeans retained the cup. they had won 8 points out of 12 on the final day. in the final match tiger woods was up against the italian. the
just last hour the european team rallied from a major deficit to retain golf's prestigious ryder cup. cnn is live in medinah, illinois. shane, the u.s. team had a big lead going into the final day. what was the turning point for the europeans? >> reporter: i think that, deb, to be honest with you they were instilled with a faith, a belief, and the happy by their captain. he was a long time partner of seve. he was impressed on them his never say die attitude. he truly was a tat lis mattic...
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or if i can figure out if it adds up and not add up to the federal deficit. i think president obama needs to make his points very clear and concise and not try to give us too many soundbytes. first of all, he should say my policies helped to end the greatest economic disaster since the great depression. then, number two, he should stress that we've created more than five million jobs. those job numbers have been revived, of course. the president needs to be clear that his policies and the policies that he has proposed to congress that congress will not deal with because they're more focused on theron re-election and not focused on getting the american people back to work. he said his policies will continue to bring about jobs. it will fasten economic growth in this country, and that he has a plan to deal with the federal deficit as well. i think the president can say that. >> as long as we don't have a wardrobe malfunction, we're good. >> we'll keep it rated g. anna, what are some of the pit falls that romney has to avoid here, because, you know, both candida
or if i can figure out if it adds up and not add up to the federal deficit. i think president obama needs to make his points very clear and concise and not try to give us too many soundbytes. first of all, he should say my policies helped to end the greatest economic disaster since the great depression. then, number two, he should stress that we've created more than five million jobs. those job numbers have been revived, of course. the president needs to be clear that his policies and the...
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message we're serious about retaining the deficit reduction we have. that's the hardest thing to get down in the lame duck. the other thing to remember there are three different problems. problem number one is the fiscal cliff. it's the -- problem number two is the debt increase that would come the problem is the fiscal path is unsustainable and dangerous to america. .. >> we need to extend the debt ceiling and it's the fundamentals that will forever get rid of fiscal cliffs and sequesters. that is the best way to go. >> do you have anything to add? >> so the way that we got here to the fiscal was a bunch of cans getting kicked down the road. and they are and when in the wrong place at the wrong time. part of the fiscal clip is part of these cans at the end of the road. there is a good part of the clip, and that is the part that is throughout the rest of the ten-year budget window. something that we call -- you know, how the fiscal cliff later in the ten-year window would cause economic growth. that's very important hold onto because we have been in th
message we're serious about retaining the deficit reduction we have. that's the hardest thing to get down in the lame duck. the other thing to remember there are three different problems. problem number one is the fiscal cliff. it's the -- problem number two is the debt increase that would come the problem is the fiscal path is unsustainable and dangerous to america. .. >> we need to extend the debt ceiling and it's the fundamentals that will forever get rid of fiscal cliffs and...
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the deficit number? >> probably the deficit. i think if you are the president's campaign you're less worried about romney's numbers right now. on the one hand the 40% right direction is the highest it has been in 3 1/2 years and any incumbent heading in that is momentum. 53% say the country is headed in the wrong track. i think this for the president is not about mitt romney. those advantages, chuck, on china, foreign policy and the deficit aren't as strong as for usual republicans. and the final point i would make is i think the important thing for this election is that braump has a 52 positive, 42 negative image. mitt romney has a negative image. only two have had a net negative image at this point and one of them loss, george h.w. bush and romney needs to improve that dynamic. >> democratic pollster. thank you very much to both of you. we have to get back in the field. let's keep poling. just two days away from friday's jobs report. we will get a quick preview on wall street on the market run down. and then we are taking a tr
the deficit number? >> probably the deficit. i think if you are the president's campaign you're less worried about romney's numbers right now. on the one hand the 40% right direction is the highest it has been in 3 1/2 years and any incumbent heading in that is momentum. 53% say the country is headed in the wrong track. i think this for the president is not about mitt romney. those advantages, chuck, on china, foreign policy and the deficit aren't as strong as for usual republicans. and...
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breaks because according to experts he have to raise taxes on the middle class who are increased the deficit to pay for if we can't trust him here how could we ever trust him here. rather than acting like sportscasters this morning declaring mitt romney the winner in my opinion the media needs to be doing its job in fact checking but ultimately president obama did fail last night he failed at calling out mitt romney as an agent of the. president didn't mention romney's forty seven percent comments he didn't mention romney's tax dodging offshore tax havens he didn't mention romney's career harvesting businesses of bain and of the president can't make the argument that romney is only looking out for the one percent and in my opinion he's going to lose more on that prospect later and tonight is a daily take for now i want to turn things over to our politics panel our panel tonight andrew langer president is to for liberty richard follow the progressive strategist and brian darlene senior fellow at the heritage foundation thanks for all your years of joining me everyone is saying the mitt romney
breaks because according to experts he have to raise taxes on the middle class who are increased the deficit to pay for if we can't trust him here how could we ever trust him here. rather than acting like sportscasters this morning declaring mitt romney the winner in my opinion the media needs to be doing its job in fact checking but ultimately president obama did fail last night he failed at calling out mitt romney as an agent of the. president didn't mention romney's forty seven percent...
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dollars tax cut that's not my plan my plan is not to put in place any tax cut that will add to the deficit that's point one so you may keep referring to it as a five trillion dollar tax cut but that's not my plan. fact from the tax policy center romney's proposal for a twenty percent across the board cut in all federal income taxes eliminating the alternative minimum tax eliminating the estate tax and other tax reductions would reduce federal revenue four hundred eighty billion dollars in two thousand and fifteen and romney up until last night had never disputed that that that that that number has been around forever tax policy center study is flawed it is going to sell for has been running a twenty percent cut in taxes is a five trillion dollars in taxes over ten you know first of all that's not a tax increase in the middle class if you're cutting taxes i want to understand and i'm asserting it is all the president it what i wondering is why is romney disavowing it richard why is what i mean disavowing his own or the magistrate. i don't understand why he does the bowing his tax plan with
dollars tax cut that's not my plan my plan is not to put in place any tax cut that will add to the deficit that's point one so you may keep referring to it as a five trillion dollar tax cut but that's not my plan. fact from the tax policy center romney's proposal for a twenty percent across the board cut in all federal income taxes eliminating the alternative minimum tax eliminating the estate tax and other tax reductions would reduce federal revenue four hundred eighty billion dollars in two...
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. >> repter: he said there was no way romney could cut taxes without adding to the deficit. >> the president: now he's saying his big bold idea is never mind. >> reporter: the president never brought up the 47% comment or bain capital. he seemed and looked down during attacks. most say it was romney who won this debate. >> moments like these can wipe the slate clean watch has gone on the last month. >> reporter: as both hit the campaign trail this afternoon. >> two more debates look up and give it to mitt romney. also -- >> reporter: this debate is making political history on twit were the creation of new hash tag fired big bird. brandi hitt, abc7 news. >>> coming to president obama's defense al gore who is suggesting obama's lackluster performance might be blamed on altitude sickness the next deba is aeek from today i kentucky when biden and ryan face off. . >>> back in vallejo police have arrested a retire mad reason for allegedly shooting and killing two of his neighbors. that happened in the flown cove neighborhood 6:00 last night. police found two men 50 and 58 dead at the scene. a 65-y
. >> repter: he said there was no way romney could cut taxes without adding to the deficit. >> the president: now he's saying his big bold idea is never mind. >> reporter: the president never brought up the 47% comment or bain capital. he seemed and looked down during attacks. most say it was romney who won this debate. >> moments like these can wipe the slate clean watch has gone on the last month. >> reporter: as both hit the campaign trail this afternoon....
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reduction, he claimed $4 trillion deficit reduction. he's double counting, there's a gym nick there, according to the nonpartisan committee for responsible federal budget because he talks about the savings of $1 trillion from winding down the wars in iraq and afghanistan, which were deficit financed to begin with. both sides were fudging, and both sides are guilty of fuzzy math. but in terms of sheer performance, the president seemed to have left it in the locker room, did he not prepare well enough? >> well, listen, i don't think we viewed this as a steel cage match. our goal with last night for the president to lay out his plans to restore economic security for the middle class and there's a choice in the election between building the economy for the middle class out, making investments in education, reducing the deficit, and mitt romney's plan, the same policies that led to the economic crisis in the first place. mitt romney had a different strategy. he engaged in an act of performance art last night, something that james lipton woul
reduction, he claimed $4 trillion deficit reduction. he's double counting, there's a gym nick there, according to the nonpartisan committee for responsible federal budget because he talks about the savings of $1 trillion from winding down the wars in iraq and afghanistan, which were deficit financed to begin with. both sides were fudging, and both sides are guilty of fuzzy math. but in terms of sheer performance, the president seemed to have left it in the locker room, did he not prepare well...
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Oct 5, 2012
10/12
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we need to use the savings from ending the wars in iraq and afghanistan to help pay down our deficit and put people back to work, doing me nation building right here at home. that's the agenda we need. that's how you strengthen the middle class. that's how you keep moving forward. that is the choice in this election and that's why i'm running for a second term. that's what we need. now, my opponent, you know, has been trying to do a two-step and reposition and got an extreme makeover. but -- but the bottom line is his underlying philosophy is the topdown economics that we have seen before. he thinks if we just spend another $5 trillion on tax cuts, that, yes, skewed toward the wealthiest, if we get rid of more regulations on wall street, then our problems will be solved. jobs and prosperity will rain down from the sky, the deficits will magically disappear, we will live happily ever after. even though he's been proposing this plan for months now, he's had a lot trouble explaining how it would work without boring a hole in the deficit, or making middle class families pick up the tab,
we need to use the savings from ending the wars in iraq and afghanistan to help pay down our deficit and put people back to work, doing me nation building right here at home. that's the agenda we need. that's how you strengthen the middle class. that's how you keep moving forward. that is the choice in this election and that's why i'm running for a second term. that's what we need. now, my opponent, you know, has been trying to do a two-step and reposition and got an extreme makeover. but --...
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Oct 4, 2012
10/12
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no tax cuts as to the deficit. but i do want to reduce the burden being paid by middle income americans. to do that that means i cannot reduce the burden paid by high income americans. any language to the contrary simply not accurate. >> moderator: mr. president. obama: let's talk about taxes because they think it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families and that's exactly what i did. we cut taxes for middle-class families by about $3600. and the reason is because i believe that we do best when the middle class is doing well. and by giving them those taxes, they have a little more money in their pocket, so maybe they can bite in your car. they are certainly a better position to weather the extraordinary recession we went through. they can buy a computer for the kid going to college. they can spend my money, business have more profits and hire more workers. now, governor promised proposal that has been promoted for 18 months calls for a $5 tril
no tax cuts as to the deficit. but i do want to reduce the burden being paid by middle income americans. to do that that means i cannot reduce the burden paid by high income americans. any language to the contrary simply not accurate. >> moderator: mr. president. obama: let's talk about taxes because they think it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families and that's exactly what i did. we cut taxes for middle-class...
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Oct 4, 2012
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you said you would cut the deficit in half hour. we still have $1 trillion deficits. the cbo says we'll have $1 trillion deficit for the next four years. you said before you would cut the deficit in half, and i lot of this idea $4 trillion in cuts. you found $4 trillion in ways to reduce or to get closer to a balanced budget, except we still show $1 trillion deficits every year. that doesn't get the job done. let me come back and say why is it that i don't want to raitaxe? i don't want to raise tack on people. you said it back in 2010 where you said, look, i'm going to extend the tax policies that we have. i'm not going to raise tacks on anyone because when the economy is growing slee sloe like this, when are you in recession, you shouldn't raise taxes on anyone. well, the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made that statement. so if you believe the same thing, you just don't want to raise taxes on people, and the reality is it's not just wealthy people. you mentioned donald trump. it's not just donald t
you said you would cut the deficit in half hour. we still have $1 trillion deficits. the cbo says we'll have $1 trillion deficit for the next four years. you said before you would cut the deficit in half, and i lot of this idea $4 trillion in cuts. you found $4 trillion in ways to reduce or to get closer to a balanced budget, except we still show $1 trillion deficits every year. that doesn't get the job done. let me come back and say why is it that i don't want to raitaxe? i don't want to raise...
WHUT (Howard University Television)
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Oct 4, 2012
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it wasn't just that this was the biggest driver of our federal deficit, our overall health care costs, but it was families were worried about going bankrupt if they got sick, millions of families, all across the country. if that a pre-existing condition, they might not be a bigot coverage at all. if they did have coverage, insurance companies might impose an arbitrary limit. and so as a consequence, they're paying their premiums, somebody gets really sick, lo and behold, they don't have enough money to pay the bills because the insurance companies say that they've hit the limit. so we did work on this, alongside working on jobs, because this is part of making sure that middle-class families are secure in the country. let me tell exactly what obamacare did. it number one, if you've got health insurance, it doesn't mean the government takeover. you keep your own insurance, your own doctor. but it does say insurance companies cannot church where brown. they cannot impose arbitrary lifetime limits. they have to let you keep your kid on their insurance -- your insurance plan until you're 2
it wasn't just that this was the biggest driver of our federal deficit, our overall health care costs, but it was families were worried about going bankrupt if they got sick, millions of families, all across the country. if that a pre-existing condition, they might not be a bigot coverage at all. if they did have coverage, insurance companies might impose an arbitrary limit. and so as a consequence, they're paying their premiums, somebody gets really sick, lo and behold, they don't have enough...
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Oct 4, 2012
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we have increased deficits. we have had unemployment over 8%. the middle class is hurting. and i think he did, thomas, give specifics. he gave his five-point plan how he is going to create jobs in this country. >> but senator, you don't think that we are better off than four years ago when it comes to 43 straight months of job growth, the fact that the auto bailout worked? the fact we have drawn out of the war in iraq and we are now slowly trying to map out the course to leave afghanistan? you don't think that the country is better off than we were four years ago as a whole, collectively? >> since you brought up the foreign situation, i think we are in a much worse position because the president withdrew from iraq and afghanistan without benchmarks that would be required to keep those countries stable when we leave. that's why we are seeing our people being shot by insiders in afghanistan. why things are breaking up in iraq. i don't think the world is safer because of what president obama has done. i think his foreign policy is very -- >> do you think we need to pull out of
we have increased deficits. we have had unemployment over 8%. the middle class is hurting. and i think he did, thomas, give specifics. he gave his five-point plan how he is going to create jobs in this country. >> but senator, you don't think that we are better off than four years ago when it comes to 43 straight months of job growth, the fact that the auto bailout worked? the fact we have drawn out of the war in iraq and we are now slowly trying to map out the course to leave...
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Oct 3, 2012
10/12
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mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this week he did come out with this proposal of eliminating $17,000 in deductions. >> right. >> your response to that? >> well, you know, he left out a number of different details of that proposal but i would also say that limiting deductions to $17,000 for middle-class families still results in a tax increase. even in just the health premium deduction, for families last year, were about $15,000. there you go. what happens to the mortgage deduction, charitable deduction, child deduction. he's raising taxes on middle class families. >> if this comes up and mitt romney starts to do that math that paul ryan wouldn't do, i'm sure this will be a topic of discussion. >> how worried are you about the jobs report on friday? >> we face this ev
mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this week he did come out with this proposal of eliminating $17,000 in deductions. >> right. >> your response to that? >> well, you know, he left out a number of...
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Oct 7, 2012
10/12
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adds to the deficit. deficit. i want to reduce the burden americans. i cannot reduce the burden paid by high-income americans. not accurate. >> let's talk about taxes. it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is what i did. we cut taxes for middle-class families by about $3,600. we do best when the middle class is doing well. they are in a better position to through. they can buy a computer for their kid who goes to college, which means they spend more money. calls for a $5 trillion cut. he is saying he will pay for it deductions. he has been asked how he would deductions. them. when you add up all the loopholes and deductions that all away. you do not come close to paying for $5 trillion. that is why independent studies looking at this said the only way to meet governor romney's deficit or not adding to theclass families. where people at the top are doing well while middle-class families are burdened further, that is not what i believe is a recipe for economic growth. >>
adds to the deficit. deficit. i want to reduce the burden americans. i cannot reduce the burden paid by high-income americans. not accurate. >> let's talk about taxes. it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is what i did. we cut taxes for middle-class families by about $3,600. we do best when the middle class is doing well. they are in a better position to through. they can buy a computer for their kid who...
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Oct 2, 2012
10/12
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a bipartisan group is coming together to work on what would be a three-step process of reducing the deficit by $2 trillion. and in pennsylvania a judge has ruled against the state's voter id law for the time being. voters will not be stopped from casting a ballot. the judge said there is not enough time with five weeks to go for the number of people who need photo id and those who have already gotten it. we're back with more steph after the break. stay with us. election but they cannot steal democracy. what the current audience can expect from my show is the unexpected. >>stephanie miller challenges the system, now it's your turn. >>it's a little bit of magic. >>connect with "talking liberally with stephanie miller" at facebook.com/stephaniemillershow and on twitter at smshow. [ ♪ theme music ♪ ] >> announcer: ladies and gentlemen, it's the "stephanie miller show"! ♪ i'm walking on sunshine woe ho ♪ ♪ i'm walking on sunshine woe ho ♪ ♪ it's time to feel good ♪ ♪ hey all right now ♪ ♪ it's time to feel good ♪ >> stephanie: i can barely contain myself this week. i -- i
a bipartisan group is coming together to work on what would be a three-step process of reducing the deficit by $2 trillion. and in pennsylvania a judge has ruled against the state's voter id law for the time being. voters will not be stopped from casting a ballot. the judge said there is not enough time with five weeks to go for the number of people who need photo id and those who have already gotten it. we're back with more steph after the break. stay with us. election but they cannot steal...